Ad ID: 66323

Restaurant for Sale Auckland Central

Multi-Site Southeast Asian Authentic Restaurant - City Central

+ Stock of $10,000

Business for Sale Description

Restaurant for Sale Auckland Central

Weekly Sales = $17,684.47 (GST Incl) 

Annual Rental = $56,765 (GST Excl) 

Turnover to Rent Ratio = 7% 

Ever wanted to own a business that has multiple outlets? 

This Authentic Asian restaurant is not your average and boasts a following of people who regularly dine at one or more of the outlets. 

Business Highlights 

- Strong weekly sales 

- 2017 Profit: $129,000 Fully managed or $174,000 to 1x Working owner 

- 3 new "Express" locations added in the last 12 months with potential to add more 

- New event catering / event food caravan added with lots of forward bookings 

- Seating for 70 

- Running under full management 

Current wage costs are high at over 34% and COG's above 34%, this leaves massive opportunity for a sharp operator to add a substantial amount to the already healthy bottom line. 

Want to find out more? Give Sterling Arnet the hospitality specialist a call today to discuss. 

Asking Price: $470,000 + Stock of $10,000 

Agency Reference: KA1547

Interested In This Opportunity?

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Kakapo Business Sales Ltd
For more info

Sterling Arnet

Sterling Arnet
Kakapo Business Sales
Licensed REAA 2008
Broker Ref: KA1547

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